Thursday, March 28, 2024

Alphabet CEO Pichai reaps over $200 million in 2022

Must Read

Alphabet Inc Chief Executive Sundar Pichai received total compensation of about $226 million in 2022, more than 800 times the median employee’s pay, the company said in a securities filing on Friday.

Pichai’s compensation included stock awards of about $218 million, the filing showed.

The pay disparity comes at a time when Alphabet, the parent company of Google, has been cutting jobs globally, The Mountain View, California-based company announced plans to cut 12,000 jobs around the world in January, equivalent to 6% of its global workforce.

Early this month, hundreds of Google employees staged a walkout at the company’s London offices following a dispute over layoffs.

In March, Google employees staged a walkout at the company’s Zurich offices after more than 200 workers were laid off.




Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

China lifts steep Australian wine tariffs as relations improve | Business and Economy News

Beijing imposed tariffs on Australian wine in 2020 during a diplomatic feud, raising duties from zero to above...

More Articles Like This